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Apr32021 by adminNo Comments

Individual loan business continues to improve in Jan-Mar: HDFC

Finance

Mortgage lender HDFC Ltd on Saturday said the company's individual loan business continued to exhibit improvement in the January-March quarter 2021 and loans worth Rs 7,503 crore were assigned to its banking subsidiary. "The individual loan business continued to see strong improvements during the quarter ended Match 31, 2021. "During the quarter, pursuant to the buyback option embedded in the home loan arrangement between the Corporation and HDFC Bank, the Corporation assigned loans to the bank amounting to Rs 7,503 crore," HDFC said in a regulatory filing. In the year ago same quarter ended March 2020, such loan assigned to HDFC Bank stood at Rs 5,479 crore. The individual loans sold in the preceding 12 months (April-March) amounted to Rs 18,980 crore (previous year Rs 24,127 crore), it s...

Feb172021 by adminNo Comments

‘Fantastic’ Manchester City set Premier League record as incredible winning run continues at Everton to leave Man United chasing shadows

Sports

Manchester City are running away with the Premier League title as a 3-1 victory at Everton created a ten-point lead at the top of the table. Pep Guardiola’s men won for the 17th match in a row, despite being pegged back by Richarlison, as goals from Phil Foden, Riyad Mahrez and Bernardo Silva left Manchester United two-figures behind them in second. Getty Images - Getty Mahrez’s goal was the pick of the bunch It’s the first time in top-flight history that an English team has won all ten of their opening matches in a calendar year as their incredible 2021 continues. While there was a bit of fortune about Foden and Richarlison’s first-half goals, Mahrez’s curling effort was unstoppable before Silva rounded off a fabulous team move. Describing the last ...

Jan232021 by adminNo Comments

CDC: Flu continues to have ‘low’ impact as COVID-19 pandemic rages

Health

Jan. 22 (UPI) -- The effects of the seasonal flu in the United States remain "lower than usual for this time of year," with just 0.1% of nose and throat samples tested nationally coming back positive for the virus, according to data released Friday by the U.S. Centers for Disease Control and Prevention. Fewer than 2% of all healthcare visits across the country have been linked with flu-like symptoms or illness since the 2020-21 influenza season began two months ago, the agency said. Advertisement Just one state, Tennessee, reported "low" flu activity, or cases of the seasonal virus, while the rest reported minimal caseloads, the CDC said. Only 136 people across the country have been hospitalized with the flu so far this winter. No flu-related deaths have been reported, the agency said. By...

Oct192020 by adminNo Comments

China’s economy continues to bounce back from virus slump

Business

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Sep112020 by adminNo Comments

UK economy continues recovery in July

Business

The UK economy grew by 6.6% in July, according to official figures, but output remains far below pre-pandemic levels.It is the third month in a row that the economy has expanded. But the Office for National Statistics (ONS) said that the UK "has still only recovered just over half of the lost output caused by the coronavirus".Hairdressers, pubs and restaurants contributed to growth after companies were allowed to reopen in July.However, the UK's economy is still 11.7% smaller than it was in February and growth in July was slower than the 8.7% expansion seen in June.Thomas Pugh, UK economist at Capital Economics, said the reopening of restaurants and pubs meant the accommodation and food services sector "rose by a whopping 140.8%"...